Power

NERC insists metering is DisCos’ obligation

Mar 25, 2019

The Nigerian Electricity Regulatory Commission (NERC) Monday insisted that obligation of ensuring that electricity consumers are metered, remains with the Electricity Distribution Companies (DisCos) under Meter Asset Provider (MAP) Regulations 2018. This is consistent with their respective Licensing Terms & Conditions and Section 4 (1) of the said Regulations that provide that, inter alia, “Distribution…

Read More

NERC doubts Nigerian power consumers’ willingness to pay for meters

Mar 25, 2019

The Nigerian Electricity Regulatory Commission has expressed concerns over electricity customers’ willingness to pay for meters. NERC noted that it approved the regulation on meter asset providers with a view to scaling up the rate of metering by the electricity distribution companies, thereby reducing the incidence of estimated billings as well as guaranteed revenue in…

Read More

TCN sets new record as it wheels 110,724MWH energy to DisCos

Mar 25, 2019

The Transmission Company of Nigeria (TCN) said the power sector achieved a new record after it wheeled grid energy peak of 110,724.93 megawatts hour (MWH) to the 11 Distribution Companies (DisCos) last Wednesday. In a statement by the Public Affairs Manager, Mrs Ndidi Mbah, TCN said it was an improvement on the previous maximum daily…

Read More

Metering no longer our responsibility – Discos

Mar 25, 2019

Power distributors have declared that they are no longer responsible for the provision of meters to electricity consumers across the country. It was also gathered from the Discos that the monetary shortfall in Nigeria’s power had risen to over N1.4tn despite the marginal improvement in revenue collection by the electricity distributors on behalf of the…

Read More

Nigeria’s power sector shortfall exceeds N1.4trn due to tariff – ANED

Mar 25, 2019

Owing to the non-review of the Multi Year Tariff Order (MYTO) since February 1, 2016, the shortfall of the Nigerian Electricity Supply Industry (NESI) has exceeded N1.4trillion. The Executive Director, Association of Nigeria Electricity Distributors (ANED), Barrister Sunday Oduntan, broke the news to reporters in Abuja. Asked to state what losses the freezing of the…

Read More

EEDC battles electricity challenges in South-East

Mar 22, 2019

There is no doubt that the task of providing stable electricity to the country has been the major challenge of successive administrations in Nigeria. This has been so because stable electricity is viewed as the backbone of any nation’s industrial development. Many experts believe that if Nigeria can achieve up to 80 per cent stability…

Read More

BUA, Wartsila sign 48MW power project deal for Sokoto Cement line 3

Mar 22, 2019

BUA Group has signed a contract with Wartsila Oy of Finland for the construction of a 48 megawatt power plant for Sokoto Cement line 3 in Sokoto State. This is coming two months after BUA announced that it has signed a contract with world’s renowned cement manufacturing company, CBMI, for the construction of a new…

Read More

BEDC urges consumers’ cooperation on enumeration programme

Mar 21, 2019

The management of BEDC Electricity Plc has urged all customers in its franchise states to support the ongoing enumeration exercise. The states are Edo, Delta, Ondo and Ekiti. The Chief Transformation and Strategy Officer, BEDC, Mr Ernest Edgar, in a statement issued in Benin, Edo State, said the exercise was in compliance with the directive…

Read More

Abuja Disco meters 54% customers, eyes 500,000 more with MAP policy

Mar 21, 2019

The Abuja Electricity Distribution Company (AEDC) said it is ready to deploy 500,000 meters using Meter Assets Providers (MAP) firms it has procured, to completely meter all its customers. The Managing Director of Copperbelt Energy Corporation (CEC), the core investor of AEDC, Mr Emmanuel Katepa in an interview on Wednesday said, “We have been ready…

Read More

Electricity meter manufacturers begin to import equipment

Mar 21, 2019

Indigenous meter manufacturers have begun to import equipment for meter production ahead of the commencement of operation of the Meter Asset Providers scheme this month, Meter Manufacturers Association of Nigeria (MMAN) Executive Secretary, Muhideen Ibrahim, has said. In a telephone interview with The Nation, he said the firms, which intend to play as meter asset…

Read More

SUBSCRIBE TO LATEST ENERGY NEWS

Read the latest energy industry news and researched articles
for oil and gas, power generation, renewable energy, events and more...